Mortgage Industry Standards Maintenance Organization Inc

Profile

Mismo is the leading technology standards development body for the residential and commercial real estate finance industries. The mismo standards are grounded in an open process to develop, promote and maintain voluntary electronic commerce procedures and standards that allow mortgage lenders, investors in real estate and mortgages, servicers, industry vendors, borrowers and other parties to exchange real estate finance-related information and emortgages more securely, efficiently and economically.an all-volunteer organization, mismo promotes data consistency among transaction participants, reduces processing costs, increases transparency, and boosts investor confidence in mortgages and real estate as asset classes while permitting cost savings to be passed on to borrowers and other customers. Mismo was created to promote and support the common business interests of the commercial and residential mortgage markets.